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Stay up-to-speed by tuning in to Tango for top trends, leading practices and industry news in retail real estate, store development, construction management, lease accounting and facilities maintenance.
- Blog
Sometimes growth opportunities are obvious. Perhaps your customers regularly ask whether you provide a service or carry a product you don’t have yet. Or maybe there’s a…
- Blog
As retailers seek out growth opportunities, void analysis often plays a key role in identifying prime trade areas. You don’t want to make a multi-million dollar investment…
- Blog
As your restaurant business expands, market analysis is critical to ensuring you select the best possible sites for your new locations and optimize your real estate portfolio….
- Blog
Some trade areas have relatively consistent patterns of commerce activity year-round. Others fluctuate with annual events and seasonal demand. In popular tourist destinations, a trade area’s demographics…
- Blog
- 7 min
Your real estate portfolio represents one of your organization’s biggest operating expenses. And if you’re not careful, you could wind up paying a lot more for it…
- Blog
- 9 min
Common area maintenance (CAM) is what tenants pay a landlord to maintain shared spaces such as lobbies, cafeterias, parking lot and restrooms. While every lease establishes the…
- Blog
- 9 min
Empty store fronts or an incorrect tenant mix hamper a retailer’s ability to maximize their investments. Retailers who want to attract new customers to increase
- Blog
- 7 min
If you dread your annual CAM reconciliation, you are not alone. While at one time in the history of retail, CAM charges were a fixed
- Blog
- 4 min
Deferred rent is the outcome of making a lease payment that is less than its recognized expense on your financial statements. It typically results from free or…
- Blog
- 5 min
Leasehold improvements are modifications to the interior of a leased building to make it more useful or desirable to the tenant. They are sometimes also referred to…
- Blog
- 4 min
Percentage rent is a rent in which a commercial tenant pays rent based on a percentage of their gross sales, either in addition to or instead of…
- Blog
- 7 min
Embedded leases are an important component for accounting compliance. For some organizations, this is the greatest source of failure to comply with the new lease accounting standard…
- Blog
- 9 min
Years ago, businesses with large office buildings could get by with a simple reservation system that allowed employees to book meeting rooms. Some workers needed to interact…
- Blog
- 4 min
A lease abstract is a concise summary and analysis of a lease agreement, providing the key provisions from lease documents in an easy-to-understand format. Lease documents tend…
- Blog
- 6 min
Equipment lease management software, sometimes referred to as asset leasing software, is a digital solution organizations use to identify, organize, track, and administer leased assets. Whether it’s…
- Blog
- 5 min
Lease incentives are benefits added to encourage tenants to enter into lease agreements. Landlords may advertise lease incentives along with the property in order to attract potential…
- Blog
- 4 min
Franchise marketing describes the strategies franchisees and franchisors use to promote their brand, attract customers, increase revenue, and expand the franchise. It encompasses two distinct processes: operational…
- Blog
- 3 min
Sister store cannibalization is when different stores owned by the same parent company serve overlapping territories and earn sales that would’ve gone to the other location. Say…
- Blog
- 7 min
Real estate is one of your top operating expenses. So why waste it? If you aren’t measuring and reacting to your space utilization, you’re probably paying for…
- Blog
- 5 min
Office space management is the ongoing process of supervising and controlling the physical space in a business or organization’s offices. It involves planning how the space will…
- Blog
- 4 min
(And How to Solve Them) Equipment lease management is a subset of lease administration that focuses exclusively on leased equipment. It’s how organizations monitor and handle legal…
- Blog
- 4 min
As your organization grows, your office space has to expand to keep up. And the larger the campus, the more complex it becomes to find your way…
- Blog
- 7 min
Even if you only have one small facility, it’s hard for a maintenance manager to work from spreadsheets, coordinate internal and external teams, manage asset data, track…
- Blog
- 8 min
Presenteeism is the problem of lost productivity caused by employees working when they should be taking sick days to rest and recover. It’s kind of like the…